Techrights

IBM: Many Thousands of Layoffs in 2025

Posted by Roy Schestowitz on Jan 30, 2025,

updated Jan 30, 2025

=> Gemini Links 30/01/2025: Chaos Reigns, E-mail, Searching | Over at Tux Machines...

Ignore the hype from Wall Street media, which mostly acts as a smokescreen [1, 2] by parroting the PR people. Instead, consider what's shared privately by the CEO in the investors' forum or call: (and after market close; almost nobody reads this)

=> ↺ HTTPS: hype | ↺ HTTPS: 1 | ↺ HTTPS: 2 | ↺ HTTPS: privately by the CEO in the investors' forum or call

=> HTTPS image: IBM’s CEO confirmed that IBM will continue to transform to a SW enterprise company. IBM also confirmed that 2025 layoffs will be similar to 2024

Hours ago, regarding "25% of Finance" rumoured to let go, somebody wrote: "Well, they got rid of about 50% last March and it hurt teams badly to the point people were overworked. They add another 25% with this colocation nonsense and they're going to burn out the few folks left."

=> ↺ HTTPS: "25% of Finance" rumoured to let go

IBM is basically shrinking and offshoring. The salaries shrink, so that's not what can be counted as growth. There's also considerable debt.

=> ↺ HTTPS: There's also considerable debt

In 2024 IBM laid of about 10,000 workers, not counting all the workers it pushed out using "co-location mandates", PIPs, and RTO.

=> "co-location mandates" | PIPs

If 2025 is expected to be the same, then perhaps about 20,000 IBM workers will no longer be there (either laid off or made to leave). █

=> HTTPS: █

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